Jill Glencross Independent Funeral Directors Ltd

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 12731405

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,000		7,200
Tangible Assets	5		115,623		167,524

			121,623		174,724
CURRENT ASSETS
Stocks		195		190
Debtors		54,244		62,750
Cash at bank and in hand		39,441		39,278

		93,880		102,218
Creditors: Amounts Falling Due Within One Year		(145,564 )		(148,307 )

NET CURRENT ASSETS (LIABILITIES)			(51,684 )		(46,089 )

TOTAL ASSETS LESS CURRENT LIABILITIES			69,939		128,635

Creditors: Amounts Falling Due After More Than One Year			(47,971 )		(97,807 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	7		(17,815 )		(30,083 )

NET ASSETS			4,153		745

CAPITAL AND RESERVES
Called up share capital	8		102		102
Profit and Loss Account			4,051		643

SHAREHOLDERS' FUNDS			4,153		745

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Jill Glencross Independent Funeral Directors Ltd

Abridged Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 July 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mrs Jill Glencross

Director

24 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Jill Glencross Independent Funeral Directors Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 12731405 . The registered office is Unit 7 Clifford Court, Cooper Way, Carlisle, Cumbria, CA3 0JG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% reducing balance
Motor Vehicles	25% reducing balance
Fixtures & Fittings	20% reducing balance
Computer Equipment	33% straight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.7. Financial Instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

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Jill Glencross Independent Funeral Directors Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 July 2025

2.8. Taxation

The tax charge represents the sum of the tax currently payable and deferred tax.

Corporation tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities aregenerally recognised for all taxable timing differences. Deferred tax liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

2.9. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the period was as follows: 21 (2024: 21)

4. Intangible Assets

	Total
	£
Cost
As at 1 August 2024	12,000

As at 31 July 2025	12,000

Amortisation
As at 1 August 2024	4,800
Provided during the period	1,200

As at 31 July 2025	6,000

Net Book Value
As at 31 July 2025	6,000

As at 1 August 2024	7,200

5. Tangible Assets

	Total
	£
Cost
As at 1 August 2024	357,272
Additions	4,243
Disposals	(28,282 )

As at 31 July 2025	333,233

Depreciation
As at 1 August 2024	189,748
Provided during the period	36,392
Disposals	(8,530 )

As at 31 July 2025	217,610

Net Book Value
As at 31 July 2025	115,623

As at 1 August 2024	167,524

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Jill Glencross Independent Funeral Directors Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 July 2025

6. Secured Creditors

Hire purchase creditors are secured on the assets to which the liabilities relate.

	2025		2024
	£		£
Net obligations under finance lease and hire purchase contracts	82,779		115,567

7. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	17,815	30,083

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	102	102

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